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Asian styrene monomer
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Analysis: Asian Styrene Monomer Margins at Narrowest in 11 Months on Firm Ethylene, Tumbling Sm
Nov 25, 2015Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...
Tags: styrene, benzene, polystyrene
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China's Yuan Devaluation Impacts on Petrochemicals
Aug 16, 2015China's surprise devaluation of the yuan on Tuesday, when the country's central bank set the official value of the renminbi about 2% weaker against the dollar, has not hit the petrochemicals complex in a significant way, industry ...
Tags: polymer, carbide PVC
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The Asian Price Spread Between Styrene and and Feedstock Widened by $7.50/Mt to $250/Mt
Jun 6, 2014The Asian price spread between styrene monomer and its main feedstock benzene widened by $7.50/mt to $250/mt early Thursday afternoon following an SM plant outage in Europe, but high stocks in China were expected to limit the widening of ...
Tags: Chemicals, Metallurgy, Mineral, Energy
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Monday's Prices of Styrene Monomer Are The Lowest in Roughly Three Months
Feb 12, 2014Styrene monomer prices nosedived $40/mt or 2.4% Monday to $1,594.50/mt FOB Korea and $1,621.50/mt CFR China, compared to last Friday, as the Chinese market returned from the Lunar New Year holidays amid a build-up in inventory levels and ...
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Neither Sadaf Nor Shell Could Not Be Reached for Comment Early Thursday
Jul 29, 2013Asian styrene monomer prices rose $8/mt from Wednesday's assessment, with Thursday morning pegs assessed at $1,808.50/mt FOB Korea and $1,837.50/mt CFR China amid market talk that Saudi Petrochemical Co, or Sadaf, has shut its 580,000 ...
Tags: Asian styrene monomer, Chemicals
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SM Prices Jumped $10.50/mt Day on Day to $1,675.50/mt FOB Korea
May 28, 2013The price spread between Asian styrene monomer and petrochemical feedstock naphtha hit an eight-year high of $819.90/mt Wednesday on short covering amid low spot inventory in China, Platts data showed. SM prices jumped $10.50/mt day on ...
Tags: Chemicals, petrochemical, styrene monomer
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Spread Between Asian SM and Benzene Prices Widened to a Six-week High of $356.50/mt
May 14, 2013The spread between Asian styrene monomer and benzene prices widened to a six-week high of $356.50/mt Thursday, up $20/mt or 6% from a day earlier, as China's shrinking SM inventories lifted SM prices, Platts data showed. The last time the ...
Tags: SM-Benzene, Benzene
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The Spread Widened to an 18-month High of $339.50/mt Last Friday
Mar 20, 2013The spread between Asian styrene monomer and benzene widened to an 18-month high of $339.50/mt last Friday, as limited supply pushed SM prices higher amid a weakening benzene market. The last high for the spread was on September 19, 2011, ...
Tags: SM, benzene, styrene monomer
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The Backwardation in The Asian Styrene Monomer Market Steepened Over The Past One Week
Dec 7, 2012The backwardation in the Asian styrene monomer market has steepened over the past one week as arbitrage cargoes from Europe and the US -- totaling around 20,000-30,000 mt -- are due to arrive in late December and early January, trade ...
Tags: SM prices, cargoes, styrene monomer